Rates & Fees
Transparency is important to us. Below you'll find detailed information about our rates and fee structure.
In Indiana, payday loan amounts and fees are strictly regulated by the state under the Indiana Small Loan Law (Indiana Code 24-4.5-7). The maximum loan amount you can receive is $715 or 20% of your gross monthly income, whichever is less. Lenders can charge tiered finance fees: 15% on the first $250, 13% on the amount between $251 and $400, and 10% on the amount between $401 and $715. The minimum loan term is 14 days. We are not a direct lender, but we ensure all lenders in our network adhere to Indiana's state-mandated fee caps.
Annual Percentage Rate (APR)
Maximum 391% APR (varies by term and loan amount)
Representative Example
| Loan Amount | Term | APR | Finance Charge | Total Repayment |
|---|---|---|---|---|
| $100 | 14 days | 391.07% | $15.00 | $115.00 |
| $300 | 14 days | 382.38% | $44.00 | $344.00 |
| $500 | 14 days | 349.36% | $67.00 | $567.00 |
| $715 | 14 days | 323.00% | $88.50 | $803.50 |
Representative examples only. The actual APR, fees, and terms you are offered may vary based on your specific lender and loan agreement. We are a matching service, not a direct lender. Please read your loan agreement carefully before signing.
State-Specific Information — Indiana
Maximum Loan Amount: $715 (or 20% of gross monthly income, whichever is less)
Rate Cap: Effective APR caps at approx. 391% depending on loan amount and term length (Based on Indiana tiered finance charge limits)
Regulations: Indiana limits finance charges to 15% on the first $250, 13% on amounts from $251 to $400, and 10% on amounts from $401 to $715. The maximum loan amount is $715, and the minimum term is 14 days. Borrowers may have up to two outstanding small loans from different lenders at one time.
Licensing: Lenders in our network providing services to Indiana residents must be licensed by the Indiana Department of Financial Institutions and adhere to the Indiana Small Loan Law (Indiana Code 24-4.5-7).